Common use of Reportable Compliance Event Clause in Contracts

Reportable Compliance Event. The Borrower hereby agrees that it shall: (a) immediately notify the Facility Agent, the Custodian, the Collateral Agent, and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; (b) immediately provide substitute Collateral to the Collateral Agent if, at any time, any Collateral becomes Blocked Property; and (c) conduct its business in compliance with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws and maintain in effect policies and procedures reasonably designed to ensure compliance with all applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws by each Covered Entity, and its 128 directors and officers, and any employee, agent or affiliate acting on behalf of such Covered Entity in connection with this Agreement.

Appears in 1 contract

Sources: Credit and Security Agreement (TCW Direct Lending VIII LLC)

Reportable Compliance Event. The Borrower hereby agrees that it shall: : (a) immediately notify the Facility Agent, the Custodian, the Collateral Agent, and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; (b) immediately provide substitute Collateral to the Collateral Agent if, at any time, any Collateral becomes Blocked Property; and (c) conduct its business in compliance with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws and maintain in effect policies and procedures reasonably designed to ensure compliance with all applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws by each Covered Entity, and its 128 directors and officers, and any employee, agent or affiliate acting on behalf of such Covered Entity in connection with this Agreement.

Appears in 1 contract

Sources: Credit and Security Agreement (TCW Specialty Lending LLC)

Reportable Compliance Event. The Borrower hereby agrees that it shall: (a) immediately notify the Facility Agent, the Custodian, the Collateral Agent, and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; (b) immediately provide substitute Collateral to the Collateral Agent if, at any time, any Collateral becomes Blocked Property; and (c) conduct its business in compliance with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws and maintain in effect policies and procedures reasonably designed to ensure compliance with all applicable Anti-Corruption Laws, Anti-Money Laundering Laws and International Trade Laws by each Covered Entity, and its 128 directors and officers, and any employee, agent or affiliate acting on behalf of such Covered Entity in connection with this Agreement.

Appears in 1 contract

Sources: Credit and Security Agreement (TCW Direct Lending VIII LLC)